Press release 24/04/2025

CONSTRUCTION COSTS INDEX. MARCH 2025

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Construction costs in the Basque Country fell by 0.3% in March 2025

In year-on-year terms, March 2025 compared to March 2024, costs rose by 0.9%

The Construction Costs Index in the Basque Country fell by 0.3% in March 2025 in relation to the previous month, according to Eustat data. Costs increased by 0.9% compared to the same month of 2024.

Costs in the Building sector were down 0.3% and those in the Civil Engineering sector fell by 0.4%. In relation to March 2024, prices increased by 0.9% in Building and 1.0% in Civil Engineering.

Compared to the previous month, February 2025, costs of raw materials fell by 0.4%, while labour costs remained constant. In year-on-year terms, costs of raw materials increased by 1.1%, while labour costs rose by 0.4%.

There was a month-on-month decrease in the cost of raw materials of 0.4% in the Building sector and 0.6% in the Civil Engineering sector. In their year-on-year evolution, costs of raw materials in the Building sector increased by 1.1% and those in Civil Engineering rose by 1.2%.

Index of construction costs of the Basque Country. Rates of variation (p). March 2025

Excel csv
 IndexIncrease (%)
  m/m-1m/m-12
Total121,2-0,30,9
Edification121,0-0,30,9
Civil Engineering121,9-0,41,0
    
Raw materials122,8-0,41,1
Edification122,6-0,41,1
Civil work123,6-0,61,2
    
Labour116,90,00,4

Base 2021=100

m / m-1 Variation rate of the last observed month (m) compared to the previous month (m-1)

m / m-12 Year-on-year variation rate of the last observed month (m) compared to the same month of the previous year (m-12)

(p)Provisional data

Date April 24, 2025

Source: Eustat Construction costs index

The prices of the main raw materials used by the Construction sector that recorded the greatest year-on-year increases in March 2025 were those in the following subsectors: Manufacture of metal products, except machinery and equipment, up 4.9%, and Manufacture of other non-metallic minerals, with an increase of 3.7%. In contrast, the cost of raw materials used in the Coke Plants & Oil Refining sector fell by 13.6%.

Prices of raw materials consumed in the Basque Country by sector A64. Year-on-year rate of change (p). March 2025

Excel csv
 m / m-12
Mining and quarrying0,4
Coke and refined petroleum-13,6
Manufacture of other non metallic mineral products3,7
Manufacture of fabricated metal products, except machinery and equipment4,9
Manufacture of electrical equipment3,2

Base 2021=100

(p)Provisional data

m / m-12 Year-on-year variation rate of the last observed month (m) compared to the same month of the previous year (m-12)

Date April 24, 2025

Source: Eustat Construction costs index

For further information:

Eustat - Euskal Estatistika Erakundea/Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.eus Tel.: 945 01 75 62

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Construction costs in the Basque Country fell by 0.3% in March 2025

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Monthly
Timeframe : 
November 2025
Last updated : 
04/24/2025
Next update : 
01/27/2026
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
https://en.eustat.eus/elementos/not0024393_i.html
Metodologia : 
Methodology file
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